ceramic tiles market trends 2020 By Growth Factors, Applications, Regional Analysis, Key Players
Ceramic Tiles Market The global ceramic tiles market is likely to grow at a 6.17% CAGR in the forecast period 2020- 2027, according to the latest Market Research Future (MRFR) analysis. Various factors are fuelling the Ceramic Tiles Market Share . As per the recent MRFR market estimates, such factors include the growing population, increasing disposable income, increase in remodelling and renovation activities, rise in investments in the commercial and residential sectors, growing need from emerging economies, growth of the organized retail sector, and growth in the construction of lodging spaces, shopping malls, and office spaces. On the contrary, increasing tariffs and regulations and volatile raw material prices may limit the ceramic tiles market growth over the forecast period. Besides, the impact of the COVID-19 pandemic on the construction sector owing to production shutdown, cash flow constraints, and supply chain disruptions may also impact market growth. Market Segmentatio